Hibiscus Petroleum Berhad
Hibiscus Petroleum BerhadBiographical Info
Sector: Oil, Gas & Power
Type of Business: Oil and Gas
Corporate Description:
Hibiscus Petroleum Berhad is Malaysia’s first listed independent oil and gas exploration and production company. Key activities are focused on monetizing producing oilfields and growing their portfolio of development and production assets in areas of their geographical focus: United Kingdom, Malaysia, and Australia. As an operator of offshore oil and gas producing fields, their efforts are focused on enhancing operational efficiencies to safely deliver high margin production from our assets. Their growth strategy in the current oil and gas market is to leverage on opportunities that are present within
their portfolio of existing assets and make quality acquisitions on a selective basis, thus delivering sustainable returns to their shareholders.
They are committed towards upholding high standards of safety and environmental management. They also prioritize corporate governance, whilst expanding their business on strong technical and commercial foundations. Hibiscus Petroleum is headquartered in Kuala Lumpur, and their securities are listed on the Main Market of Bursa Malaysia Securities Berhad and is a constituent on the FTSE4Good
Bursa Malaysia index. Hibiscus Petroleum securities have been classified as being Shariah compliant by the Shariah Advisory Council of the Securities Commission of Malaysia.